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Diana Shipping Inc. and Nordea Bank arrange agreement

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Dry Bulk,

Diana Shipping Inc., a global shipping company specialising in the owner-ship of dry bulk vessels, has announced that on 29 July 2021, it signed, through seven wholly-owned subsidiaries, a supplemental agreement to the existing secured loan agreement with Nordea Bank Abp, filial i Norge, (i) to extend by 2 years the repayment of the existing secured loan facility from March 2022 to March 2024 and (ii) to increase the loan facility by an amount of US$460 000; all other terms to remain the same.

Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (four Newcastlemax, 12 Capesize, five Post-Panamax, five Kamsarmax and 10 Panamax). The Company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022.

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